Cheap Apartments for Rent in the Firestone Park Neighborhood of Memphis, TN from $300 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Firestone Park area of Memphis.

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Watkins Manor
1 to 3 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
  • Utilities Included

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Woodglen Village
2 to 3 Bedroom Apartments

Woodglen Village

2820 E Hibiscus LnMemphis, TN 38127

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Casa Bonita Apartments
2 Bedroom Apartments

Casa Bonita Apartments

4220 Overton CrossingMemphis, TN 38127
  • Utilities Included

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

Firestone Park, Memphis, TN Local Guide

Cheapest Available Firestone Park Apartments for Rent

 

The cheapest available apartment rental in the Firestone Park area of Memphis, TN is a 1 Bed unit found at Timber Pines Apartments priced from $649. Renaissance at Steele has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here are the most affordable Firestone Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Timber Pines Apartments1 Bed1BR,1BA$649
Renaissance at Steele1 bedroom1BR,1BA$660
Westside Manor1x11BR,1BA$700
Timberline Flats1 Bedroom1BR,1BA$910
Woodglen VillageTwo Bedroom One Bathroom2BR,1BA$970

Best Value Apartments for Rent in Firestone Park, TN

As of October 26, 2025 the best value apartment in the Firestone Park area is the $1.55 price per square foot Furnished Month By Month 2 Bdr Model at Timberline Flats in the in the Firestone Park neighborhood starting from $1,395. The second greatest value Firestone Park apartment is the Two Bedroom One Bathroom Model at Woodglen Village starting at $970 with a $1.09 price per square foot in the Frayser neighborhood. Here is today’s list of the best values for Firestone Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Timberline FlatsFurnished Month By Month 2 Bdr2BR,1BA$1.55
Woodglen VillageTwo Bedroom One Bathroom2BR,1BA$1.09
3213 Thomas St, Unit 23213 Thomas St2BR,1BA$0.90
Timber Pines Apartments1 Bed1BR,1BA$0.93
Westside Manor1x11BR,1BA$1.05
Renaissance at Steele1 bedroom1BR,1.5BA$1.27

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle

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Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

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Frequently Asked Questions about Cheap Firestone Park Apartments

What is the price of a cheap apartment in Firestone Park?

The cheapest apartment in Firestone Park is Timber Pines Apartments which is listed at $649, while the average apartment in Firestone Park costs $1,850.

What types of apartments are the cheapest in Firestone Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Firestone Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Firestone Park?

Cheap apartments in Firestone Park have an average cost of $146 which is $1,704 cheaper than the average rent for all rentals in Firestone Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.